The Punjab [provincial] government [in Pakistan] is finalising a deal with Monsanto — a leading producer of genetically modified (GM) seed — to acquire advanced cotton seed technology and technical expertise for five years.
The provincial government is moving ahead with its plans despite reservations by farmers, research institutes and seed companies which say the technology would have negative impacts.
The Punjab Agriculture Department (PAD), which has been consulting stakeholders after the Punjab chief minister approved the acquisition of GM technology from Monsanto in August , decided in Feb 2017 to strike a conditional deal with Monsanto. It would be ensured that R&D institutes and seed companies get a level playing field.
“We are negotiating with Monsanto to bring down the cost from $70 million to $50m,” [said] Dr Ghazanfar Ali, additional secretary agriculture department.
The GLP aggregated and excerpted this blog/article to reflect the diversity of news, opinion, and analysis. Read full, original post: Punjab close to striking deal with Monsanto despite reservations